^
+ Follow COMPLINE RESOURCES CO Tag
COMPLINE RESOURCES CO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 770593
                    [Title] => San Miguel eyes Nonoc nickel project
                    [Summary] => 

Food-to-infrastructure conglomerate San Miguel Corp. said yesterday it was in talks with Philnico Mining & Industrial Corp. for a possible investment in the mothballed Nonoc nickel mine located in the southern region of Mindanao.

[DatePublished] => 2012-01-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 270 [Title] => Labor Day: Saluting our workers on their day [Summary] => [DatePublished] => 2007-05-02 02:54:00 [ColumnID] => 135522 [Focus] => 0 [AuthorID] => 1805274 [AuthorName] => Bobit S. Avila [SectionName] => Banat Opinyon [SectionUrl] => opinyon [URL] => ) [2] => Array ( [ArticleID] => 397023 [Title] => Jinchuan ups $1-B offer for Philnico [Summary] => China’s Jinchuan Group Ltd. has increased its initial investment offer of $1 billion (P47.6 billion) to run Philnico Industrial Corp., Trade Secretary Peter B. Favila said yesterday.

"It’s an improvement from their earlier valuation," Favila said when asked about Jinchuan Group’s offer to re-open the Nonoc nickel mine.
[DatePublished] => 2007-05-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 383529 [Title] => Philnico right on Nonoc mine eyed for review [Summary] => As government admitted it could do little to compel Philippine Nickel Co. (Philco) to return to the negotiating table with China’s Jinchuan Group, finance officials have suggested a review of the company’s mining rights agreement for possible revocation.

They said Philnico’s performance could be put under evaluation with respect to its mining rights agreement with the government.
[DatePublished] => 2007-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 382458 [Title] => Philnico scraps talks with Jinchuan, seeks new partners [Summary] => Finance officials said the government would have to look for a new group of investors willing to develop the long-neglected nickel mine of the Philippine Nickel Co.

The Chinese mining conglomerate, Jinchuan Non-ferrous Mining Co., has been in talks with Philnico for the development of the mine but Philnico officials announced yesterday that the company has ended talks with the Chinese group.

Finance Secretary Margarito Teves said the government will now have to look for alternative investors that will take a look at the nickel mine on Nonoc Island in Surigao. [DatePublished] => 2007-01-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 376732 [Title] => Gov’t eager to wrap up Philnico-Jinchuan deal [Summary] => The government is eager to wrap up the Nonoc deal between Philippine Nickel Corp. (Philnico) and Jinchuan Group in time for the scheduled visit of Chinese Prime Minister Wen Jiabao in January next year.

Finance Secretary Margarito B. Teves said that despite the snags and delays blocking the joint venture between Philnico and Jinchuan, the Chinese nickel giant was still intent on putting its investment in Nonoc mines.

"They’re very appreciative of the efforts to make this happen," Teves said.
[DatePublished] => 2006-12-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 376239 [Title] => Philnico to decide in January on joint venture with Jinchuan [Summary] => Philnico Industrial Corp. said yesterday it would make a decision next month on whether to pursue a joint venture with China’s state-owned Jinchuan Group Ltd. to reopen the Nonoc nickel mine in the Philippines.

Evaristo Narvaez, chairman of Philnico, said he was not giving up on China’s top nickel producer but said at least three other companies, from China, Russia and Japan, were interested in investing in the project.

"We are not closing the door on Jinchuan," Narvaez told a news conference. "I think January is decision time."
[DatePublished] => 2006-12-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with